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Two Citigroup traders 'resign over regulation fears

10 hours ago ago from theback9

5 February 2010 Two senior traders at Citigroup have resigned from the company over fears that President Obama's new proposals to split up the banking sector will make their current roles untenable, it has been reported. People close to the matter told Reuters that Matt Carpenter and Matt Newton, who ran a proprietary trading unit for Citigroup, have now left the firm to join a hedge fund. Their division has already come under increased ...

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Citi Said To Eye $3B Auto Loan Sale – Emii.com

14 hours ago ago from Lenders Talk

Citi Said To Eye $3B Auto Loan Sale Emii.com Citigroup reportedly is holding talks with private equity and hedge funds to unload some $3 billion in automobile loans in an effort to clear its balance ...

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